Candela Invest SA (CAND) — Defensive Interval Ratio

Latest as of December 2024: 1686 days

Candela Invest SA (CAND) has a Defensive Interval Ratio of 1686 days as of December 2024. Defensive assets of €5.71 Million (cash €-, short-term investments €2.78 Million, receivables €2.93 Million) cover 1686 days of daily cash needs of €3.39K/day. See Candela Invest SA short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

1686 days
Days of operational coverage

Defensive Assets

€5.71 Million
Cash + ST Investments + Receivables

Daily Cash Need

€3.39K
Current Liabilities ÷ 365

Current Liabilities

€1.24 Million
EUR

Candela Invest SA Defensive Interval Ratio (2010–2024)

This chart shows how Candela Invest SA's Defensive Interval Ratio has evolved across 16 annual periods from 2010 to 2024. As of December 2024, the ratio stands at 1686 days, meaning defensive assets of €5.71 Million can fund 1686 days of operations without new revenue. See Candela Invest SA (CAND) balance sheet quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Candela Invest SA (2010–2024)

The table below presents the year-by-year Defensive Interval Ratio for Candela Invest SA from 2010 to 2024, covering 16 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see market value of Candela Invest SA.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2024 1686 days €5.71 Million €3.39K/day €- €2.78 Million ▲ +688 days
2023 998 days €3.54 Million €3.54K/day €- €2.02 Million ▲ +601 days
2022 398 days €5.45 Million €13.70K/day €- €3.76 Million ▲ +30 days
2021 367 days €2.63 Million €7.15K/day €- €773.79K ▲ +213 days
2020 154 days €2.02 Million €13.10K/day €- €457.00K ▲ +80 days
2019 74 days €1.85 Million €25.12K/day €- €- ▼ -131 days
2018 205 days €2.56 Million €12.51K/day €- €- ▼ -37 days
2017 241 days €2.58 Million €10.71K/day €- €0.81 ▼ -89 days
2016 330 days €2.91 Million €8.82K/day €- €- ▼ -86 days
2016 416 days €32.58K €78.31/day €- €- ▲ +394 days
2015 23 days €9.26K €411.35/day €- €- ▼ -10 days
2014 32 days €9.94K €306.08/day €- €1.83K ▲ +27 days
2013 6 days €1.83K €320.13/day €- €1.83K ▼ -45 days
2012 51 days €91.65K €1.80K/day €- €73.99K ▼ -23371 days
2011 23422 days €2.44 Million €104.29/day €- €1.20 Million ▲ +18724 days
2010 4698 days €990.91K €210.92/day €- €965.35K —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)